And it turns out that May might be considered a bad fundraising month for Barack Obama – that is, if $23.3 million raised counts as "bad." Compare the May total to Obama's past performance: The presumptive Democratic nominee, whose fundraising success has been unprecedented, raised nearly $32 million in April and more than $40 million in March.
Including May, Obama, who has opted out of public financing for the general election, has now raised $295.5 million. He has $43.1 million on hand as of the end of the month, including $33.3 million for the primary.
John McCain, meanwhile, raised $21.5 million in May, his best fundraising month yet. His total, which nearly matches Obama for the month, marks an improvement on the $18.5 million he raised in April and roughly $15 million he took in in March. McCain has now raised $121.9 million for the campaign and has $31.6 million on hand.
There was more good news in the May reports for McCain: The Republican National Committee, which will be spending aggressively on McCain's behalf in the coming months, took in $24.4 million for the month. The Democratic National Committee, by contrast, took in just $4.8 million. The RNC now has $53.5 million in the bank to the DNCs $3.9 million, and is poised to help at least partially make up McCain's fundraising gap.
Hillary Clinton's campaign, meanwhile, reports a total debt of $22.5 million as of the end of May, a total that includes the $12.2 million personal loan Clinton made to the campaign. Clinton raised $16.3 million for the month but spent $19.2 million, increasing the debt she needs to retire from her now-suspended run for the Democratic nomination.